ROCKETDNA LTD. — Interim / Quarterly Report 2024

Jan 22, 2025

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Q4 2 0 2 4 ASX: RKT

Authorised for release by the Board of RocketDNA Ltd

Disclaimer

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Summary

This presentation has been prepared by RocketDNA Limited. (“RocketDNA” or the “Company”) based on information available to it as at the date of this presentation. The information in this presentation is provided in summary form and does not contain all information necessary to make an investment decision.

This presentation does not constitute an offer, invitation, solicitation or recommendation with respect to the purchase or sale of any security in RocketDNA, nor does it constitute financial product advice or take into account any individual’s investment objectives, taxation situation, financial situation or needs. An investor must not act on the basis of any matter contained in this presentation but must make its own assessment of RocketDNA and conduct its own investigations. Before making an investment decision, investors should consider the appropriateness of the information having regard to their own objectives, financial situation and needs, and seek legal, taxation and financial advice appropriate to their jurisdiction and circumstances. RocketDNA is not licensed to provide financial product advice in respect of its securities or any other financial products. Cooling off rights do not apply to the acquisition of RocketDNA securities.

Although reasonable care has been taken to ensure that the facts stated in this presentation are accurate and that the opinions expressed are fair and reasonable, no representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusions contained in this presentation. To the maximum extent permitted by law, none of RocketDNA its officers, directors, employees and agents, nor any other person, accepts any responsibility and liability for the content of this presentation including, without limitation, any liability arising from fault or negligence, for any loss arising from the use of or reliance on any of the information contained in this presentation or otherwise arising in connection with it.

The information presented in this presentation is subject to change without notice and RocketDNA does not have any responsibility or obligation to inform you of any matter arising or coming to their notice, after the date of this presentation, which may affect any matter referred to in this presentation. The distribution of this presentation may be restricted by law and you should observe any such restrictions.

This presentation contains certain forward looking statements that are based on the Company’s management’s beliefs, assumptions and expectations and on information currently available to management. Such forward looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results or performance of RocketDNA to be materially different from the results or performance expressed or implied by such forward looking statements. Such forward looking statements are based on numerous assumptions regarding the Company’s present and future business strategies and the political and economic environment in which RocketDNA will operate in the future, which are subject to change without notice. Past performance is not necessarily a guide to future performance and no representation or warranty is made as to the likelihood of achievement or reasonableness of any forward looking statements or other forecast. To the full extent permitted by law, RocketDNA and its directors, officers, employees, advisers, agents and intermediaries disclaim any obligation or undertaking to release any updates or revisions to information to reflect any change in any of the information contained in this presentation (including, but not limited to, any assumptions or expectations set out in the presentation).

Not Financial or Product Advice

This presentation is for information purposes only and is not a prospectus, product disclosure statement or other offer document under Australian law or the law of any other jurisdiction. This document is not a financial product or investment advice, or a recommendation to acquire securities in RocketDNA Limited, nor is it legal or tax advice. You are solely responsible for seeking independent and professional advice in relation to the information contained in this presentation and any action taken on the basis of that information. Before making an investment decision, prospective investors should consider the appropriateness of the information having regard to their own objectives, financial and tax situation and needs and seek legal and taxation advice appropriate to their jurisdiction.

Financial Data

All dollar values are in Australian dollars (A$) unless stated otherwise.

Past performance

Past performance information given in this presentation is given for illustrative purposes only and should not be relied upon as (and is not) an indication of future performance. The historical information in this presentation is, or is based upon, information that has been released to the Australian Securities Exchange (ASX). This presentation should be read in conjunction with RocketDNA Limited’s other periodic and continuous disclosure announcements which are available at www.asx.com.au.

Future performance

The presentation includes forward-looking statements regarding future events and the future financial performance of RocketDNA Limited. Forward looking words such as “expect”, “should”, “could”, “may”, “predict”, “plan”, “will”, “believe”, “forecast”, “estimate”, “target” or other similar expressions are intended to identify forward-looking statements. Any forward looking statements included in this document involve subjective judgment and analysis and are subject to significant uncertainties, risks and contingencies, many of which are outside the control of, and are unknown to, RocketDNA Limited and its officers, employees, agents or associates. In particular, factors such as variable climatic conditions and regulatory decisions and processes may affect the future operating and financial performance of RocketDNA Limited. This may cause actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. The Information also assumes the success RocketDNA Limited’s business strategies. The success of the strategies is subject to uncertainties and contingencies beyond control, and no assurance can be given that the anticipated benefits from the strategies will be realised in the periods for which forecasts have been prepared or otherwise. Given these uncertainties, you are cautioned to not place undue reliance on any such forward looking statements. RocketDNA Limited is providing this information as of the date of this presentation and does not assume any obligation to update any forward-looking statements contained in this document as a result of new information, future events or developments or otherwise.

No representation, warranty or assurance (express or implied) is given or made in relation to any forwardlooking statement by any person (including the Company). In particular, no representation, warranty or assurance (express or implied) is given that the occurrence of the events expressed or implied in any forward-looking statements in this presentation will actually occur. Actual results, performance or achievement may vary materially from any projections and forward-looking statements and the assumptions on which those statements are based. The forward-looking statements in this presentation speak only as at the date of this presentation.

No advertisement

This document does not constitute an advertisement for an offer or proposed offer of securities. It is not intended to induce any person to engage in, or refrain from engaging in, any transaction.

Disclaimer

Except as required by law, no representation or warranty, express or implied, is made as to the fairness, accuracy, completeness, reliability or correctness of the Information, opinions and conclusions, or as to the reasonableness of any assumption contained in this presentation. By receiving this presentation and to the extent permitted by law, you release RocketDNA Limited and its officers, employees, agents and associates from any liability (including, without limitation, in respect of direct, indirect or consequential loss or damage or loss or damage arising by negligence) arising as a result of the reliance by you or any other person on anything contained in or omitted from this presentation. To the maximum extent permitted by law, RocketDNA Limited and its respective advisers, affiliates, related bodies corporate, directors, officers, partners, employees and agents exclude and disclaim all liability, including without limitation for negligence or for any expenses, losses, damages or costs incurred by you as a result of your participation in or failure to participate in the Offer and the information in the presentation being inaccurate or incomplete in any way for any reason, whether by negligence or otherwise. To the maximum extent permitted by law, RocketDNA Limited and its advisers, affiliates, related bodies corporate, directors, officers, partners, employees and agents make no representation or warranty, express or implied, as to the currency, accuracy, reliability or completeness of information in this presentation.

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BARS Certified

Highest Safety Recognition

BVLOS Approved Enabling Long-Range Operations

RocketDNA has been verified in both South Africa and Australia against the BARS standard - one of the highest commitments to safety in the contracted aviation world.

With approval from the local Civil Aviation & Safety Authorities, we are able to execute long-range Beyond Visual Line of Sight missions, unlocking cost efficiencies.

Remote Operations

Our Multiplier Effect

AI-Enabled

Faster Geospatial Insight

Deploying a swarm of autonomous xBot® units enables our data products at a global scale. Missions are conducted 24/7 from one of our worldwide remote operation centres.

A growing segment of our data products and insights are powered by AI tools, allowing us to process, quantify and report faster than previous manual calculations.

Company Snapshot

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Enterprise Value (A$)	Enterprise Value (A$)	Enterprise Value (A$)	Enterprise Value (A$)	Enterprise Value (A$)	Enterprise Value (A$)
Market cap1		Share price $0.010 on 22 Jan 2025		$8.848M
Cash		As at 31 Dec 2024		$3.406M
Debt2		As at 31 Dec 2024		$1.004M
Enterprise value		22 Jan 2025		$6.446M
Key Operating Metrics(A$) (December Financial Year-End)
Revenue FY 20243	End Dec 2024		$7.241M		+18% compared to FY23
ARR4	As at 31 Dec 2024		$3.292M		+16% compared to FY23
TCV4	As at 31 Dec 2024		$3.933M		-21% compared to FY23

• 1 884,754,008 ordinary shares outstanding at the date, including those in voluntary escrow

• 2 Shareholder loans, credit cards, motor vehicle and equipment loans and lease liabilities

• 3 Unaudited

• 4 Annual Recurring Revenue (ARR) | Total Contract Revenue (TCV)

Quarterly Highlights

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Financial Highlights

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Quarterly Results - Highlights

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Q4 FY2024 (Dec)

Milestone international expansion with xBot® deployment in Africa, strong capital raising success, and continued growth across mining, security, and public safety sectors.

ARR AND TCV

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ARR - $3.292m

Down 19% on prior quarter (Q3 FY2024) and up 16% on Q4 FY2023

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TCV - $3.933m

Down 38% on prior quarter (Q3 FY2024) and down 21% on Q4 FY2023

TCV is impacted by ongoing existing contract depletion (run-off)

Revenue & Cash Receipts

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Revenue Q4 – $2.061m up 21% on the prior quarter and up 26% on Q4 FY23;

Cash Receipts – $2.402m up 21% on prior quarter and up 45% on Q4 FY2023;

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Contracted revenue accounted for 50% of total revenue (based on Q4 FY2024)

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Operating Cash flow

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Net cash used in operating activities in Q4 2024 was $103k, which improved slightly from $106k in Q3 FY23

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Net cash used in operating activities in FY24 was $505k, which improved 48% from FY23

The consistency is driven by growing cash receipts and strong cost management

RocketDNA CEO Christopher Clark said: “I am delighted to share that we’ve just delivered our strongest quarter yet—a testament to our team’s unwavering commitment over the past year. Building and scaling a new technology product, within an enterprise environment, requires significant effort and consistency, from initial customer education to eventual on-site product trials. As our customers progress from proof-of-concept to paid commercial deployments, we are now starting to see a tangible positive impact on overall revenue growth.

Our recent capital raising underscores the high level of investor confidence in RocketDNA’s strategic direction, while providing the necessary resources to expand xBot® production, fulfil our pipeline, and advance key initiatives such as the ‘Drone as First Responder’ program.

The deployment of our xBot® platform at the Kamoa Copper Mining Complex in the DRC marks a pivotal milestone, highlighting our technology’s global scalability and versatility, even in challenging environments. This partnership serves as validation of our solutions’ worldwide applicability and paves the way for further opportunities in resource-rich markets throughout Africa.

Growing demand for autonomous drone solutions in sectors such as mining, security, law enforcement, and public safety positions RocketDNA for sustained expansion. We remain committed to advancing innovation and delivering cutting-edge solutions that meet the evolving needs of our enterprise customers around the globe.”

Our xBot® Platform Automating Drone Data Capture on a Global Scale

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Update on Ongoing Strategic initiatives:

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Tier 1 Mining Vertical – During the quarter XBot® trial deployments commenced to tier 1 mining customers and further rollouts were locked in for Q1 2025. Sales were achieved through various channels, including a successful conversion of a trial unit to a commercial arrangement, ongoing paid trials and direct purchase orders.

Public Safety & DFR Vertical - During the quarter, the first purchase order for a DFR system was received, with the xBot® unit completed by December 2024, ready for testing and delivery to the police department customer in January 2025.

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Annual revenue growth[1]

Growing track record

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 18%
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• 30% of Total Revenue is generated in Australia (based on Q4 2024)

• 50% of Total Revenue is multi-year contracted revenue (based on Q4 2024)

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1 FY2023 audited, FY2024 unaudited | Financial year end 31 December

Quarterly results Revenue and Cash Receipts[1]

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1 FY2023 audited | Financial year end 31 December

Quarterly results

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Revenue by Type, $m[1]

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100%
90%
28% 28%
31%
80% 40% 40%
70%
18%
60%
31%
28% 10%
14%
50%
40%
30%
54%
50%
46%
20% 41% 41%
10%
0%
Dec Quarter 2023 Mar Quarter 2024 Jun Quarter 2024 Sept Quarter 2024 Dec Quarter 2024
Revenue Legally Contracted & Recurring Revenue Likely to Re-Occurr Revenue One-Off
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Revenue derived from contracts (linking to ARR) was 50%

Of total Revenue in December Quarter 2024

Revenue types

Revenue one-off

Revenue which does not meet the above definitions (these are typically one-off short projects)

Revenue likely to re-occur

Revenue which management have a reasonable expectation will reoccur in the future either because it has been historically demonstrated to re-occur or because we hold rolling short term purchase orders or legal contracts which are less than 12 months in original length

Revenue legally contracted and recurring

Revenue from legal contracts with minimum original terms of 12 months, subject to normal termination provisions per each contract. The TCV and ARR measures contain only this type of contract.

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1 FY2023 audited | Financial year end 31 December

Quarterly results

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Net Cash Used in Operating Activities[1]

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1 FY2023 audited | Financial year end 31 December

Quarterly results

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ARR & TCV[1]

	$0.000 $0.500 $1.000 $1.500 $2.000 $2.500 $3.000 $3.500 $4.000 $4.500		$2.840 $3.022 $2.727 $4.078 $3.322 Dec Quarter 2023 Mar Quarter 2024 Jun Quarter 2024 Sept Quarter 2024 Dec Quarter 2024 Annual Recurring Revenue - ARR (A$M) 16% 19%		$0.000 $1.000 $2.000 $3.000 $4.000 $5.000 $6.000 $7.000	$4.987 $4.782 $4.090 $6.333 $3.958 Dec Quarter 2023 Mar Quarter 2024 Jun Quarter 2024 Sept Quarter 2024 Dec Quarter 2024 Total Contract Value - TCV (A$M) 38%

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2 Net of monthly contract depletion (run-off) in the quarter

1 Financial year end 31 December

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Contact

Chris Clark

Managing Director & CEO contact@rocketdna.com

Mark Flynn

Investor Relations investors@rocketdna.com

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ASX: RKT

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Authorised for release by the Board of RocketDNA Ltd

Our Customer Base

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Growing tier-1 and tier-2 customer base; trusted and used by these companies

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Offices Operations
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We provide scalable geo-data & Al solutions using automated data capture and onsite services, which provide short & long- term insights for decision makers

Worldwide Availability 24/7

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Automating Frequent Survey Tasks

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Automating Front-line Surveillance & Perimeter Monitoring

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Strategy, Market & Growth Pathway

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Market Opportunity

By 2043, totaldrone flights in Australia are expected toreach 60 million per year[1]

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The Mining Industry
will operate over
500,000 drone flights [1]
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Over 300,000 flights will
be used to assist
frontline Policing efforts [1]
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– Chart: Total Number of annual drone flights (millions): 2023 2043[1]

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1 Source: Scyne Advisory: Sizing the future drone and advanced air mobility market in Australia (www.scyne.com)

Growth Pathway Our focus

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Business Model
Multi-Year Contracts
Conversion of current customers into
long-term agreements
AI & GIS Data Products Sales
Immediate productivity and cost
benefit for mining customers
Automated xBot® Data Capture
We continue to receive strong
demand across the continent for
ad-hoc projects
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OP & Financial
Efficiency
Initiatives that bring us closer to
break-even
Continue to contain & reduce
corporate overheads, fees &
consulting
Improve operational process flows
(data capture and processing)
Utilise debt-sourced funding for
operational ‘growth’ purposes,
such as scaling new contracts
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Customer Growth
Tier 1 Mining Strategy
Tier 2 & 3 Mining Strategy
New Sectors: Public Safety &
Critical Asset Surveillance
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Acquisitions
Pursue complementary
opportunities that add value to
our business and help us build
further economies of scale
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